The crypto bears take an early bite, with Bitcoin visiting sub-$5,000 levels before finding support. It could be a choppy day ahead…
After a mixed bag on Monday, the broader market sees red at the start of the day. Bitcoin will need to hold onto $5,200 for the broader market to avoid a mass sell-off.
Bitcoin moves back through to $5,000 levels early on. Holding above $4,900 levels through the day will be a major coup for the Bulls.
It’s been a choppy start to the week. Mid-week gains could see another breakout going into the weekend.
After a bearish week, the majors kick off the week in the green. A move through key levels would be needed, however, for a return to positive ways.
It was quite a week for the cryptomarket as the bulls took control going into the 2nd quarter. The week ahead will define what lies ahead for the majors.
It’s a bearish start to the week, following the gains from last week. A hold onto key levels could see the rally resume as the week progresses.
After a bullish week last week, Stellar’s Lumen leads the way at the start of the week. A hold onto key levels would support more upside in the week ahead.
|Williams %R (14)||-60.8247|
|Stochastic RSI (14)||22.8569|
|Ultimate oscillator (7,14,28)||56.9157|
|Stochastic Fast (14)||39.1753|